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TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
TransAlta Corporation owns and operates electricity generation and wholesale power assets in Canada, the U.S. and Australia, with gas, hydro, wind, solar and energy storage. Long-term growth drivers include expansion of renewables and storage and growth in contracted power sales that could support steadier cash flow. Investors may find the company attractive for its scale in generation and experience securing long-term contracts.
Key risks include exposure to merchant power and commodity price volatility, execution and financing risk for new projects, regulatory and environmental changes, and operational disruptions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -141.00M | 319.00M | 880.00M | 353.00M | -380.00M |
| Minority interest | 20.00M | -10.00M | -101.00M | -111.00M | -112.00M |
| Net income | -138.00M | 229.00M | 695.00M | 161.00M | -425.00M |
| Selling general administrative | 317.00M | 296.00M | 254.00M | 263.00M | 234.00M |
| Selling and marketing expenses | - | - | 48.00M | - | - |
| Gross profit | 785.00M | 1139.00M | 1644.00M | 1635.00M | 1489.00M |
| Reconciled depreciation | 579.00M | 531.00M | 621.00M | 599.00M | 719.00M |
| Ebit | -222.00M | 607.00M | 1074.00M | 531.00M | 445.00M |
| Ebitda | 414.00M | 1161.00M | 1710.00M | 1159.00M | 1164.00M |
| Depreciation and amortization | 636.00M | 554.00M | 636.00M | 628.00M | 719.00M |
| Operating income | -222.00M | 585.00M | 1089.00M | 531.00M | 445.00M |
| Other operating expenses | 2628.00M | 2260.00M | 2266.00M | 2443.00M | 2312.00M |
| Interest expense | 290.00M | 271.00M | 212.00M | 261.00M | 247.00M |
| Tax provision | 17.00M | 80.00M | 84.00M | 192.00M | 45.00M |
| Interest income | 51.00M | 199.00M | 71.00M | 154.00M | 143.00M |
| Net interest income | -244.00M | -230.00M | -162.00M | -243.00M | -188.00M |
| Income tax expense | 17.00M | 80.00M | 84.00M | 192.00M | 45.00M |
| Total revenue | 2406.00M | 2845.00M | 3355.00M | 2976.00M | 2721.00M |
| Total operating expenses | 1007.00M | 554.00M | 555.00M | 1102.00M | 1080.00M |
| Cost of revenue | 1621.00M | 1706.00M | 1711.00M | 1341.00M | 1232.00M |
| Total other income expense net | 81.00M | -266.00M | -209.00M | -178.00M | -825.00M |
| Net income from continuing ops | -158.00M | 239.00M | 796.00M | 161.00M | -425.00M |
| Net income applicable to common shares | - | 177.00M | 644.00M | 4.00M | -576.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 8661.00M | 9499.00M | 8659.00M | 10741.00M | 9226.00M |
| Intangible assets | 243.00M | 281.00M | 223.00M | 252.00M | 256.00M |
| Other current assets | 243.00M | 68.00M | 199.00M | 1138.00M | 432.00M |
| Total liab | 7196.00M | 7656.00M | 6995.00M | 8752.00M | 6633.00M |
| Total stockholder equity | 1399.00M | 1746.00M | 1537.00M | 1110.00M | 1582.00M |
| Deferred long term liab | - | - | - | 10.00M | 29.00M |
| Other current liab | 340.00M | 278.00M | 432.00M | 1617.00M | 379.00M |
| Common stock | 3169.00M | - | 3285.00M | 2863.00M | 2901.00M |
| Capital stock | 4111.00M | 4121.00M | 4227.00M | 3805.00M | 3843.00M |
| Retained earnings | -2730.00M | -2458.00M | -2567.00M | -2514.00M | -2453.00M |
| Other liab | - | - | - | 1650.00M | 1544.00M |
| Good will | 516.00M | 517.00M | 464.00M | 464.00M | 463.00M |
| Other assets | - | - | - | 210.00M | 790.00M |
| Cash | 283.00M | 337.00M | 417.00M | 1134.00M | 947.00M |
| Cash and equivalents | - | - | - | 1134.00M | 947.00M |
| Total current liabilities | 1830.00M | 2569.00M | 1742.00M | 2888.00M | 1931.00M |
| Current deferred revenue | 17.00M | - | 3.00M | 8.00M | 19.00M |
| Net debt | 4201.00M | 4071.00M | 3796.00M | 2535.00M | 2320.00M |
| Short term debt | 925.00M | - | 535.00M | 194.00M | 844.00M |
| Short long term debt | 920.00M | 1318.00M | 529.00M | 186.00M | 837.00M |
| Short long term debt total | 4484.00M | - | 4213.00M | 3669.00M | 3267.00M |
| Other stockholder equity | 42.00M | - | 41.00M | 41.00M | 46.00M |
| Property plant equipment | - | - | - | 1597.00M | 5415.00M |
| Total current assets | 1336.00M | 1773.00M | 1580.00M | 3714.00M | 2197.00M |
| Long term investments | 284.00M | 159.00M | 138.00M | 129.00M | 105.00M |
| Net tangible assets | - | - | - | -548.00M | -79.00M |
| Short term investments | - | - | - | 709.00M | 272.00M |
| Net receivables | 699.00M | 570.00M | 807.00M | 1285.00M | 651.00M |
| Long term debt | 3277.00M | 3090.00M | 3541.00M | 4087.00M | 3065.00M |
| Inventory | 111.00M | 134.00M | 157.00M | 157.00M | 167.00M |
| Accounts payable | 548.00M | 694.00M | 772.00M | 1069.00M | 689.00M |
| Accumulated other comprehensive income | -24.00M | - | -164.00M | -222.00M | 146.00M |
| Non currrent assets other | 156.00M | 32.00M | 179.00M | 450.00M | 726.00M |
| Non current assets total | 7325.00M | 7726.00M | 7079.00M | 7027.00M | 7029.00M |
| Capital lease obligations | 146.00M | 151.00M | 143.00M | 135.00M | 100.00M |
| Long term debt total | - | - | - | 4214.00M | 3158.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -147.00M | -520.00M | -814.00M | -741.00M | 128.00M |
| Change to liabilities | - | - | - | 548.00M | 153.00M |
| Total cashflows from investing activities | -411.00M | -520.00M | -814.00M | -741.00M | -472.00M |
| Net borrowings | -197.00M | - | - | 351.00M | -41.00M |
| Total cash from financing activities | -362.00M | -291.00M | -1432.00M | 45.00M | -282.00M |
| Change to operating activities | - | - | - | - | 9.00M |
| Net income | -138.00M | 239.00M | 695.00M | 161.00M | -425.00M |
| Change in cash | -123.00M | -11.00M | -786.00M | 187.00M | 244.00M |
| Begin period cash flow | 406.00M | 348.00M | 1134.00M | 947.00M | 703.00M |
| End period cash flow | 283.00M | 337.00M | 348.00M | 1134.00M | 947.00M |
| Total cash from operating activities | 646.00M | 796.00M | 1464.00M | 877.00M | 1001.00M |
| Issuance of capital stock | 3.00M | 12.00M | 5.00M | 3.00M | 8.00M |
| Depreciation | 636.00M | 531.00M | 669.00M | 599.00M | 719.00M |
| Other cashflows from investing activities | -5.00M | -199.00M | 74.00M | 208.00M | -68.00M |
| Dividends paid | 126.00M | 123.00M | 109.00M | 97.00M | 87.00M |
| Change to inventory | 22.00M | 34.00M | -2.00M | 6.00M | 42.00M |
| Change to account receivables | 34.00M | 155.00M | 742.00M | -869.00M | -28.00M |
| Sale purchase of stock | -24.00M | -131.00M | -87.00M | -52.00M | -4.00M |
| Other cashflows from financing activities | -22.00M | -43.00M | -1060.00M | -160.00M | -158.00M |
| Change to netincome | - | - | - | 495.00M | 613.00M |
| Capital expenditures | 249.00M | 321.00M | 888.00M | 949.00M | 489.00M |
| Change in working capital | 3.00M | 38.00M | 124.00M | -316.00M | 174.00M |
| Stock based compensation | - | - | 23.00M | 21.00M | 19.00M |
| Other non cash items | 177.00M | 10.00M | -58.00M | 285.00M | 22.00M |
| Free cash flow | 397.00M | 475.00M | 576.00M | -72.00M | 512.00M |
Sector: Utilities Industry: Utilities - Independent Power Producers
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| TA TransAlta Corp |
0.12 0.62% |
18.64 | - | 114.94 | 2.05 | 11.24 | 4.25 | 14.51 |
| CPX Capital Power Corporation |
0.23 0.37% |
63.99 | 75.02 | 23.75 | 2.76 | 2.34 | 4.72 | 16.73 |
| TA-PJ TransAlta Corp Pref J |
0.03 0.12% |
26.00 | - | - | 0.90 | - | - | - |
| TA-PD Transalta A Cum Red Rat Rst Prf |
0.09 0.43% |
21.22 | - | - | 0.88 | - | - | - |
| MXG Maxim Power Corp. |
0.25 5.81% |
4.55 | 17.12 | 54.05 | 3.26 | 0.85 | 2.59 | 6.61 |
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, the Unites States, and Western Australia, as well as battery storage facilities. The Gas segment has a net ownership interest of approximately 4834 MW located in Alberta, Canada, the Unites States, and Western Australia. The Energy Transition segment has a net ownership interest of approximately 671 MW located in the United States, as well as operates the Skookumchuck hydro facility in Centralia. The Energy Marketing segment is involved in the trading of electricity, natural gas, and environmental products. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. John Harry Kousinioris | Pres, CEO & Director | 1965 |
| Mr. Todd John Stack | Exec. VP of Fin. & CFO | 1967 |
| Ms. Kerry O'Reilly Wilks | Exec. VP of Legal, Commercial & External Affairs | 1978 |
| Ms. Jane Nyla Fedoretz | Exec. VP of People, Talent & Transformation | NA |
| Chiara Valentini | Mang. of Investor Relations | NA |
| Ms. Stacey Hatcher | Mang. of Communications | NA |
| Ms. Maria Perry | MD of People & Talent | NA |
| Ms. Dawn E. de Lima | Chief Shared Services Officer | NA |
| Mr. Aron John Willis | Exec. Vice-Pres of Growth | 1975 |
| Mr. Gary Woods | Managing Director of Gas & Renewables | NA |
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